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Glyoxal Market

Global Glyoxal Market Share, Size, Analysis, Forecast: By Application: Crosslinking, Intermediates, Others; By End Use: Textiles, Leathers, Resins and Polymers, Cosmetics, Paper Packaging, Oil and Gas, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032

Global Glyoxal Market Outlook

The global glyoxal market reached a value of about USD 304.49 million in 2023. The market is further estimated to grow at a CAGR of 4.60% in the forecast period of 2024-2032.

 

glyoxal market

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Rising Utilisation of Glyoxal in Paper Packaging to Propel the Market Growth of Glyoxal

Based on end use, the growing demand for paper packaging segment is driving the market growth of glyoxal. The application of glyoxal as a cross-linking agent to enhance the paper dry strength and as an efficient paper coating additive for high-quality papers is fuelling the market for glyoxal. The rising inclination of consumers towards paper packaging owing to its eco-friendly nature is playing a critical role in the market expansion of glyoxal. The expanding food packaging sectors and the utilisation of glyoxal as a chemical substance in the production of paper for food packaging owing to its accreditation by the Federal Institute for Risk Assessment (BfR) in Germany and by the Food and Drug Administration (FDA) in the U.S are accelerating the market development. The emergence of e-commerce, home deliveries and the increasing use of paper packaging in them are likely to aid the market for glyoxal over the forecast period.

 

Market Segmentation

 

glyoxal market by segments

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Glyoxal is an important component used in various chemical applications due to its diverse properties. It is a crystalline solid that is white at low temperature, pale yellow at the melting point, and evaporates to give a green coloured gas. The organic compound has a weak sour odour and is miscible with water and all water-miscible organic solvents.

The market for glyoxal, by application, is divided into:

  • Crosslinking
  • Intermediates
  • Others

Based on end use, the market is segmented into:

  • Textiles
  • Leathers
  • Resins and Polymers
  • Cosmetics
  • Paper Packaging 
  • Oil and Gas
  • Others

 

glyoxal market by region

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The regional markets for glyoxal can be divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Growing Use of Glyoxal in Various End Use Sectors to Drive the Market Growth of Glyoxal

The rising utilisation of glyoxal in various end use sectors such as oil and gas, leather, and cosmetics is contributing to the market development of glyoxal. The growing textiles industry and the utilisation of glyoxal as a crosslinking agent to soften the textiles and reduce the wrinkles are fuelling the market development. In addition, the growing concerns over the hygienic environment and the application of glyoxal as a co-biocide for disinfectants used in the health and veterinary clinics are expanding the market of glyoxal. The limited availability of petrochemicals and the toxicity are leading to reduced use of petrochemicals in wood adhesives, resulting in the use of glyoxal cross-linked polyvinyl alcohol- microcrystalline cellulose blends for improved thermo-mechanical properties, thereby propelling the market.

The sustainability of glyoxal as it is readily biodegradable is leading to its broader adoption in various applications, which is invigorating the market expansion of glyoxal. Moreover, the government initiatives in manufacturing alcohol-based products like glyoxal to meet the growing demand are providing impetus to the market growth of glyoxal. The strong presence of market players offering a reliable supply of glyoxal is expected to augment the market over the forecast period.

 

Key Players in the Global Glyoxal Market

The report gives a detailed analysis of the following key players in the global glyoxal market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • WeylChem International GmbH
  • Haihang Group
  • Otto Chemie Pvt. Ltd
  • BASF SE
  • Amzole India Pvt. Ltd.
  • Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
 

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Application
  • End Use 
  • Region
Breakup by Application
  • Crosslinking
  • Intermediates
  • Others
Breakup by End Use 
  • Textiles
  • Leathers
  • Resins and Polymers
  • Cosmetics
  • Paper Packaging
  • Oil and Gas
  • Others
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Price Analysis
  • Historical Price Trends
  • Forecast Price Trends
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • WeylChem International GmbH
  • Haihang Group
  • Otto Chemie Pvt. Ltd
  • BASF SE
  • Amzole India Pvt. Ltd.
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface    
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Glyoxal Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Glyoxal Historical Market (2018-2023) 
    8.3    Global Glyoxal Market Forecast (2024-2032)
    8.4    Global Glyoxal Market by Application
        8.4.1    Crosslinking
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Intermediates
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Others
    8.5    Global Glyoxal Market by End Use 
        8.5.1    Textiles
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Leathers
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Resins and Polymers
            8.5.3.1    Historical Trend (2018-2023)
            8.5.3.2    Forecast Trend (2024-2032)
        8.5.4    Cosmetics
            8.5.4.1    Historical Trend (2018-2023)
            8.5.4.2    Forecast Trend (2024-2032)
        8.5.5     Paper Packaging 
            8.5.5.1    Historical Trend (2018-2023)
            8.5.5.2    Forecast Trend (2024-2032)
        8.5.6    Oil and Gas
            8.5.6.1    Historical Trend (2018-2023)
            8.5.6.2    Forecast Trend (2024-2032)
        8.5.7    Others    
    8.6    Global Glyoxal Market by Region
        8.6.1    North America
            8.6.1.1    Historical Trend (2018-2023) 
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Europe
            8.6.2.1    Historical Trend (2018-2023) 
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Asia Pacific
            8.6.3.1    Historical Trend (2018-2023) 
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Latin America
            8.6.4.1    Historical Trend (2018-2023) 
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Middle East and Africa
            8.6.5.1    Historical Trend (2018-2023) 
            8.6.5.2    Forecast Trend (2024-2032)
9    North America Glyoxal Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Glyoxal Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5    Others
11    Asia Pacific Glyoxal Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Glyoxal Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Glyoxal Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Value Chain Analysis
16    Price Analysis
17    Competitive Landscape

    17.1    Market Structure
    17.2    Company Profiles
        17.2.1    WeylChem International GmbH
            17.2.1.1    Company Overview
            17.2.1.2    Product Portfolio
            17.2.1.3    Demographic Reach and Achievements
            17.2.1.4    Certifications
        17.2.2    Haihang Group
            17.2.2.1    Company Overview
            17.2.2.2    Product Portfolio
            17.2.2.3    Demographic Reach and Achievements
            17.2.2.4    Certifications
        17.2.3    Otto Chemie Pvt. Ltd
            17.2.3.1    Company Overview
            17.2.3.2    Product Portfolio
            17.2.3.3    Demographic Reach and Achievements
            17.2.3.4    Certifications
        17.2.4    BASF SE
            17.2.4.1    Company Overview
            17.2.4.2    Product Portfolio
            17.2.4.3    Demographic Reach and Achievements
            17.2.4.4    Certifications
        17.2.5    Amzole India Pvt. Ltd.
            17.2.5.1    Company Overview
            17.2.5.2    Product Portfolio
            17.2.5.3    Demographic Reach and Achievements
            17.2.5.4    Certifications
        17.2.6    Others
18    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Glyoxal Market: Key Industry Highlights, 2018 and 2032
2.    Global Glyoxal Historical Market: Breakup by Application (USD Million), 2018-2023
3.    Global Glyoxal Market Forecast: Breakup by Application (USD Million), 2024-2032
4.    Global Glyoxal Historical Market: Breakup by End Use (USD Million), 2018-2023
5.    Global Glyoxal Market Forecast: Breakup by End Use (USD Million), 2024-2032
6.    Global Glyoxal Historical Market: Breakup by Region (USD Million), 2018-2023
7.    Global Glyoxal Market Forecast: Breakup by Region (USD Million), 2024-2032
8.    North America Glyoxal Historical Market: Breakup by Country (USD Million), 2018-2023
9.    North America Glyoxal Market Forecast: Breakup by Country (USD Million), 2024-2032
10.    Europe Glyoxal Historical Market: Breakup by Country (USD Million), 2018-2023
11.    Europe Glyoxal Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Asia Pacific Glyoxal Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Asia Pacific Glyoxal Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Latin America Glyoxal Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Latin America Glyoxal Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Middle East and Africa Glyoxal Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Middle East and Africa Glyoxal Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Global Glyoxal Market Structure

Key Questions Answered in the Report

In 2023, the global glyoxal market attained a value of nearly USD 304.49 million.

The market is assessed to grow at a CAGR of 4.60% between 2024 and 2032.

The major market drivers include the expanding e-commerce and food packaging sector, increasing concerns over hygienic environment, growing awareness about the toxicity of petrochemicals and the use of glyoxal in wood adhesives, and rising approvals from governmental organisations for its use in packaging sector.

The key market trends guiding the growth of the market include the growing use of glyoxal in various end uses due to its biodegradability, government initiatives, and strong presence of market players.

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

The various applications of the market include crosslinking and intermediates, among others.

The major end uses of the market include textiles, leathers, resins and polymers, cosmetics, paper packaging, and oil and gas, among others.

The major players in the market are WeylChem International GmbH, Haihang Group, Otto Chemie Pvt. Ltd, BASF SE, and Amzole India Pvt. Ltd., among others.

Analyst Review

The global glyoxal market attained a value of nearly USD 304.49 million in 2023, driven by the applications of glyoxal in different end use sectors owing to its diverse properties. Aided by the strong presence of market players, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 4.60%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. The market for glyoxal, by application, is divided into crosslinking and intermediates, among others. Based on end use, the market is segmented into textiles, leathers, resins and polymers, cosmetics, paper packaging, and oil and gas, among others. The major regional markets for glyoxal are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include WeylChem International GmbH, Haihang Group, Otto Chemie Pvt. Ltd, BASF SE, and Amzole India Pvt. Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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